Accountancy is a discipline of recording any financial transactions in an organization. It is a historical discipline and the early beginnings of accounting date back to the earliest civilizations in Mesopotamia. From the time of Luca Pacioli, living in 15th Century and regarded as the 'Farther of Accounting', the accounting system has been constantly improved and adjusted to ever-growing requirements of users.
The requirements of today's organizations for accounting services are enormous, because the information is becoming the most important resource of modern management. Nowadays, the management requires prompt and detailed accounting records to secure timely reporting by segments and in the whole. A piece of information recorded promptly and correctly and transferred by adequate reports to the management could be decisive and crucial not only for the profit but for survival of an organization as well. Governmental institutions, banks and other entities also pose the need to keep records and do reports. In these cases, the qualification and skill of the accounting staff is of particularly large importance.

Bookkeeping and Administrative Services

Bookkeeping and administrative services are performed through our partner Profit Consult d.o.o. from Rijeka specialized in bookkeeping, administrative services, making business reports, representation before tax authorities, and similar services

Financial Reporting

Financial reporting is done for the company's owners and for institutions. It is very complex and involves regulations that are subject to permanent changes. A lot of effort is required to make correct and purpose-serving financial reports.
Financial reports are based on historical information and accounting records. For that reason, many small companies (and often the large ones as well) that rely on their own accounting or bookkeeping services are actually deprived of a good quality service or they have to employ experts for that area only. However, this will increase their operating costs.
In developed economies, it is customary that the companies engage experts that will render a good quality and cost-effective service. We are such experts.

Tailored Reporting

It involves any reports made periodically according to the user's needs. They are based on historical data both financial and not financial e.g. a report of inventory turnover, a report of receivables not collected, a report of solvency, etc.

Compilations

Services of compilation imply presentation of historical information in different ways. It is useful for the organizations using different reporting systems e.g. a company whose foreign owner requires consolidation, and similar situations.

Forensic Accounting

Should you experience any unforeseen situations with keeping your accounting records and you do not know what to do because some records are missing or you experienced theft or fraud, you can contact us. We shall try to help you.